Cameron pledges to lower hurdles to growth
















LONDON (Reuters) – British Prime Minister David Cameron promised on Monday to slash legal and regulatory obstacles to economic growth, seeking to ward off criticism that the government is doing too little to help companies and revive an ailing economy.


Cameron said he was determined to cut through officialdom and change a risk-averse government culture of consultation, review and audit that hindered enterprise.













“When this country was at war in the 1940s, Whitehall underwent a revolution,” he said, referring to the British government. “Normal rules were circumvented. Convention was thrown out,” Cameron said in advance extracts of a speech to business leaders.


“As one historian put it, everything was thrown at ‘the overriding purpose’ of beating Hitler. Well, this country is in the economic equivalent of war today – and we need the same spirit,” he added.


Cameron’s Conservative-led government has pledged to tackle its budget deficit and has little room to boost Britain’s stagnant growth with extra state spending.


It has instead been seeking to promote a private-sector-led recovery, identifying a series of job-creating infrastructure projects, but has since been frustrated by the slow pace of progress.


Cameron said the government would impose restrictions on the use of a legal process known as judicial review, used increasingly by opponents to delay big infrastructure schemes.


A planned high-speed rail line from London to Birmingham faces five such reviews in court hearings next month from residents and others affected by its construction.


In addition, officials would be barred from introducing costly business regulations unless they withdrew two other bureaucratic rules at the same time, in a doubling of an existing “one-in, one-out” procedure.


Cameron was due to make the remarks to the country’s main business lobby group, the Confederation of British Industry, which has demanded more action to boost the economy.


CBI head John Cridland called on Sunday for Chancellor George Osborne to inject a further 1.5 billion pounds into the economy to stimulate growth when he makes a budget statement in December.


Cridland said London’s successful 2012 Olympics were a model for an infrastructure-led recovery.


“I’d like to see the government bottle what worked with the Olympics, which is we did something on time, on spec – a fabulous construction project,” he told Sky News.


“And do that with a motorway, a big power station, a big offshore wind farm, maybe a tunnel under the Thames (River) for our waste sewerage. Let’s get these things happening,” Cridland added.


($ 1 = 0.6311 British pounds)


(Reporting by Tim Castle, editing by Gary Crosse)


Economy News Headlines – Yahoo! News



Read More..

Jon Stewart tells Bill O’Reilly to stop worrying about loss of “traditional America”
















LOS ANGELES (TheWrap.com) – Jon Stewart has a message for Fox News host Bill O’Reilly — chill out about the loss of “traditional America.”


“The Daily Show” funnyman skewered the right-leaning network on Thursday for treating the re-election of President Barack Obama – a victory aided by minority voters – as a cataclysm for the white men who were once in the driver’s seat in America. Stewart implied that this longing on behalf of some of the network’s commentators for a Grover’s Corners past may not be rooted in reality.













“Yes Bill,” Stewart said. “Obama’s re-election marked the moment that traditional America ended. The moment when the family from the 1950s sitcom ‘Leave it to Beaver’ ceased to be real.”


Moreover, Stewart said that ethnic demographics are constantly shifting in the United States and that such changes can be a little troublesome for the folks who were in control.


“You don’t need to worry so much,” Stewart counseled. “What you are demonstrating is the health and vitality of America’s greatest tradition – a fevered, frightened ruling class lamenting the rise of a new ethnically and religiously diverse new class. One that will destroy all that is virtuous and good and bring the American experiment crashing to the ground.”


He added that those rising ethnic groups work so hard so that their children and grandchildren have the opportunity to be intolerant of new immigrant populations. Thus the circle of life continues.


TV News Headlines – Yahoo! News



Read More..

Gaza hospitals stretched, need supplies to treat wounded: WHO
















GENEVA (Reuters) – Gaza hospitals are overwhelmed with casualties from Israel‘s bombings and face critical shortages of drugs and medical supplies, the World Health Organization (WHO) said on Saturday.


The U.N. health agency appealed for $ 10 million from donors to meet the need for drugs and supplies over the next three months.













Officials in Gaza said 43 Palestinians, nearly half of them civilians including eight children, had been killed since Israel began its air strikes. Three Israeli civilians were killed by a rocket fired from the enclave on Thursday.


Israel unleashed its massive air campaign on Wednesday with the declared goal of deterring Hamas, the Palestinian Islamist group that runs the Gaza Strip, from launching rockets that have plagued its southern communities for years.


The WHO, quoting Health Ministry officials in Gaza, said 382 people have been injured – 245 adults and 137 children.


“Many of those injured have been admitted to hospitals with severe burns, injuries from collapsing buildings and head injuries,” the WHO said in a statement issued in Geneva.


Health authorities have declared an emergency situation in all hospitals to cope with patients, it said.


“Before the hostilities began, health facilities were severely over stretched mainly as a result of the siege of Gaza,” the WHO said. Israel maintains a tight blockade on the Gaza Strip with the help of neighboring Egypt.


The Gaza Ministry of Health‘s supplies of many life-saving drugs and disposable equipment were at “zero stock”, it said.


“The Ministry of Health has postponed all elective surgeries due to the emergency and shortages in anaesthesia drugs,” it said. Non-urgent cases are being transferred to hospitals run by aid groups and health personnel have been asked to report to the nearest health facility for extended shifts, it said.


“WHO appeals to the international and regional community for urgent financial support to provide essential medicines to cover pre-existing shortages, as well as emergency supplies for treating casualties and the chronically ill,” it said.


(Reporting by Stephanie Nebehay; Editing by Alison Williams)


Medications/Drugs News Headlines – Yahoo! News



Read More..

Diesel founder considering jewelery and Japan to beat slowdown
















ROME (Reuters) – Diesel brand founder Renzo Rosso is considering expanding into jewelery and launching a new project in Japan to fuel growth at his fashion group despite the global economic turmoil.


Known as the “king of high-end casualwear”, the rockstar-looking businessman is one of the most dynamic figures in a fashion industry threatened by a slowdown in its core markets.













A painful recession in southern Europe and a slowdown in China are forcing European brands to come up with new ideas to lure consumers back into their stores.


Accessories, which, like leather belts and perfumes, are more affordable than evening dresses, are the fastest-growing category in a luxury industry expected to grow 5 percent this year from 13 percent in 2011 at constant exchange rates, according to consultancy Bain & Co.


Italian designer Giorgio Armani said in September he would boost sales of accessories.


Rosso, who also owns young-focused brands such Maison Martin Margiela and Viktor & Rolf, said he expected the recession to continue to hurt Italy well beyond 2013.


“There is a deep crisis and I believe it will remain serious for two other years,” Rosso said on the sidelines of the IHT summit on Friday afternoon.


“We need to take care of our licences for sunglasses, watches and perfumes. A world that fascinates me is jewelery. With my brands I want to enter this category too,” he said.


A visionary entrepreneur, Rosso was the first to turn stone-washed denim into a premium category in the 1980s.


His holding “Only The Brave” – which includes his brands as well as Staff International, a company that produces under licence for Just Cavalli, Vivienne Westwood Red Label, DSquared and Marc Jacobs Men – had revenues of around $ 2 billion in 2011.


DENIM KING


Rosso said he finds inspiration for new projects from travelling and working with his international team.


“I went to Japan with my daughters for three days and I came back with an incredible idea about a business that is totally different from what I do but related to clothing,” he said.


Rosso said nobody really understood him when he started to age his jeans by washing them with stones. His products are now sold worldwide, mostly in Japan.


“Japan is a country where fashion is extreme, more than elsewhere. I also love London,” curly haired Rosso said.


“Russia is going very well, like the Arab countries. Another growing market is Brazil, where people enjoy life,” he said.


Rosso, who works hands-on in Diesel but leaves designers at his other brands complete autonomy, has interests spanning from wine to eco-friendly technologies.


On Friday, Rosso announced a partnership with his friend rockstar Bono to sell in Diesel stores fashion products, sourced or entirely made in Africa under an Diesel+Edun label.


Through his Red Circle investment arm, Rosso is also the single-biggest shareholder with a stake of around 9 percent in growing Italian online fashion retailer Yoox .


Rosso has also invested in an Italian start-up incubator called H-Farm and in a maker of electric vehicles.


Rosso, whose thought-provoking slogans “Be Stupid” and “For Successful Living” have inspired books, did not rule out other investments in the future.


(Editing by Alison Williams)


Economy News Headlines – Yahoo! News



Read More..

Israel moves on reservists after rockets target cities
















GAZA/JERUSALEM (Reuters) – Israeli ministers were on Friday asked to endorse the call-up of up to 75,000 reservists after Palestinian militants nearly hit Jerusalem with a rocket for the first time in decades and fired at Tel Aviv for a second day.


The rocket attacks were a challenge to Israel‘s Gaza offensive and came just hours after Egypt‘s prime minister, denouncing what he described as Israeli aggression, visited the enclave and said Cairo was prepared to mediate.













Israel’s armed forces announced that a highway leading to the Gaza Strip and two roads bordering the enclave would be off-limits to civilian traffic until further notice.


Tanks and self-propelled guns were seen near the border area on Friday, and the military said it had already called 16,000 reservists to active duty.


Prime Minister Benjamin Netanyahu convened senior cabinet ministers in Tel Aviv after the rockets struck to decide on widening the Gaza campaign.


Political sources said ministers were asked to approve the mobilization of up to 75,000 reservists, in what could be preparation for a possible ground operation.


No decision was immediately announced and some commentators speculated in the Israeli media the move could be psychological warfare against Gaza’s Hamas rulers. A quota of 30,000 reservists had been set earlier.


Israel began bombing Gaza on Wednesday with an attack that killed the Hamas military chief. It says its campaign is in response to Hamas missiles fired on its territory. Hamas stepped up rocket attacks in response.


Israeli police said a rocket fired from Gaza landed in the Jerusalem area, outside the city, on Friday.


It was the first Palestinian rocket since 1970 to reach the vicinity of the holy city, which Israel claims as its capital, and was likely to spur an escalation in its three-day old air war against militants in Gaza.


Rockets nearly hit Tel Aviv on Thursday for the first time since Saddam Hussein’s Iraq fired them during the 1991 Gulf War. An air raid siren rang out on Friday when the commercial centre was targeted again. Motorists crouched next to cars, many with their hands protecting their heads, while pedestrians scurried for cover in building stairwells.


The Jerusalem and Tel Aviv strikes have so far caused no casualties or damage, but could be political poison for Netanyahu, a conservative favored to win re-election in January on the strength of his ability to guarantee security.


“The Israel Defence Forces will continue to hit Hamas hard and are prepared to broaden the action inside Gaza,” Netanyahu said before the rocket attacks on the two cities.


Asked about Israel massing forces for a possible Gaza invasion, Hamas spokesman Sami Abu Zuhri said: “The Israelis should be aware of the grave results of such a raid and they should bring their body bags.”


Officials in Gaza said 28 Palestinians had been killed in the enclave since Israel began the air offensive with the declared aim of stemming surges of rocket strikes that have disrupted life in southern Israeli towns.


The Palestinian dead include 12 militants and 16 civilians, among them eight children and a pregnant woman. Three Israelis were killed by a rocket on Thursday. A Hamas source said the Israeli air force launched an attack on the house of Hamas’s commander for southern Gaza which resulted in the death of two civilians, one a child.


SOLIDARITY VISIT


A solidarity visit to Gaza by Egyptian Prime Minister Hisham Kandil, whose Islamist government is allied with Hamas but also party to a 1979 peace treaty with Israel, had appeared to open a tiny window to emergency peace diplomacy.


Kandil said: “Egypt will spare no effort … to stop the aggression and to achieve a truce.”


But a three-hour truce that Israel declared for the duration of Kandil’s visit never took hold. Israel said 66 rockets launched from the Gaza Strip hit its territory on Friday and a further 99 were intercepted by the Iron Dome anti-missile system.


Israel denied Palestinian assertions that its aircraft struck while Kandil was in the enclave.


Israel Radio’s military affairs correspondent said the army’s Homefront Command had told municipal officials to make civil defence preparations for the possibility that fighting could drag on for seven weeks. An Israeli military spokeswoman declined to comment on the report.


The Gaza conflagration has stoked the flames of a Middle East already ablaze with two years of Arab revolution and a civil war in Syria that threatens to leap across borders.


It is the biggest test yet for Egypt’s new President Mohamed Mursi, a veteran Islamist politician from the Muslim Brotherhood who was elected this year after last year’s protests ousted military autocrat Hosni Mubarak.


Egypt’s Muslim Brotherhood are spiritual mentors of Hamas, yet Mursi has also pledged to respect Cairo’s 1979 peace treaty with Israel, seen in the West as the cornerstone of regional security. Egypt and Israel both receive billions of dollars in U.S. military aid to underwrite their treaty.


Mursi has vocally denounced the Israeli military action while promoting Egypt as a mediator, a mission that his prime minister’s visit was intended to further.


A Palestinian official close to Egypt’s mediators told Reuters Kandil’s visit “was the beginning of a process to explore the possibility of reaching a truce. It is early to speak of any details or of how things will evolve”.


Hamas fighters are no match for the Israeli military. The last Gaza war, involving a three-week long Israeli air blitz and ground invasion over the New Year period of 2008-2009, killed more than 1,400 Palestinians, mostly civilians. Thirteen Israelis died.


Tunisia’s foreign minister was due to visit Gaza on Saturday “to provide all political support for Gaza” the spokesman for the Tunisian president, Moncef Marzouki, said in a statement.


The United States asked countries that have contact with Hamas to urge the Islamist movement to stop its rocket attacks.


Hamas refuses to recognize Israel’s right to exist. By contrast, Palestinian President Mahmoud Abbas, who rules in the nearby West Bank, does recognize Israel, but peace talks between the two sides have been frozen since 2010.


Abbas’s supporters say they will push ahead with a plan to have Palestine declared an “observer state” rather than a mere “entity” at the United Nations later this month.


(Additional reporting by Maayan Lubell, Jeffrey Heller and Crispian Balmer in Jerusalem; Writing by Jeffrey Heller; Editing by Giles Elgood)


World News Headlines – Yahoo! News



Read More..

New Variety owner Jay Penske slashes one-quarter staff
















LOS ANGELES (TheWrap.com) – Jay Penske, the new owner of Variety, laid off nearly a quarter of the company’s staff on Thursday.


Between 20 and 25 employees from the struggling Hollywood trade’s circulation, database and conference departments were laid off. The editorial staff was not affected. Variety had about 120 employees before Thursday’s cuts.













“Without a doubt, this is a challenging day, and I particularly wanted to notify and acknowledge those of you who will be saying goodbye to valued colleagues and friends,” Penske, the CEO of Penske Media Corporation wrote in a memo obtained by the industry blog Deadline, which he also owns. “As we look ahead, Variety’s business holds almost limitless potential and I will remain available to answer any questions you might have regarding today’s changes and our future.”


Penske bought the paper last month at the fire-sale price of $ 25 million. In his memo, Penske said that he planned to invest in the editorial and digital departments while trimming the database services and business branch.


The jobs eliminated came from the LA411 and NY411 units – directories for production resources – and its administration and conference units, according to the memo. Deadline said that the cuts totaled 20 to 25 employees.


He also cut circulation staff, in what may presage a move to cut back on the paper’s printing schedule. Variety currently prints daily during the week and a weekly edition on Friday.


TheWrap previously reported that Penske planned to maintain the print edition and drop the paywall that blocked non-subscribers from reading Variety’s site, placing it in direct competition with competitors like the Hollywood Reporter, TheWrap and its corporate sister Deadline. The paywall has since been torn down.


Neither Penske nor Variety returned calls or emails from TheWrap requesting comment.


Here’s the full memo:


Dear Team


For the past six months, we have diligently reviewed every aspect of the Variety business. And in more recent weeks, we have outlined to Variety senior management an exciting and also aggressive trajectory for the brand’s resurgence. These steps will include substantial further investment in editorial and digital, but will unfortunately require some immediate eliminations in the following business units: LA411/NY411, Circ, Systems, Conferences, and Admin.


Without a doubt, this is a challenging day, and I particularly wanted to notify and acknowledge those of you who will be saying goodbye to valued colleagues and friends. As we look ahead, Variety’s business holds almost limitless potential and I will remain available to answer any questions you might have regarding today’s changes and our future. As always, please don’t hesitate to reach out to me, or see Tammy Chase to arrange an appointment.


Sincerely,


Jay Penske


CEO


Celebrity News Headlines – Yahoo! News



Read More..

Relentless Afghan conflict leaves traumatized generation
















KABUL (Reuters) – On a low bed in a quiet, all-female hospital ward, a depressed Afghan teenager huddles silently under blankets, her mother close by. In a nearby room are men suffering from schizophrenia, delusions of persecution and power, anxiety and panic disorders.


Among them are some of the unseen victims of the war in Afghanistan: a generation of people mentally damaged by their exposure to incessant conflict.













The accumulation of psychological problems could begin to undermine national reconstruction and development, say health workers at the country’s only facility for treating mental illness.


Ghazia Sadid, a 26-year-old mother, endured depression for years after a family member was killed in a bomb attack, and she fled her home in fear of more violence.


“I still hear the sounds of explosions. I still remember the fighting, but since I have come here my behavior has changed,” she said, speaking at the Kabul Mental Health Hospital, a green-walled building on the outskirts of the city.


“I was totally lost and my life was over. After two years of treatment, now I love my children,” she said. “I loved them then too, but in my imagination I had done something wrong.”


The concept of mental illness is alien to many in Afghanistan, where the public health system, like much of the country’s infrastructure, has been wrecked by decades of war.


Frequently, people suffering psychological disorders are thought by their families to be under the influence of malign spirits, or showing symptoms of a physical ailment.


The Kabul hospital, which has 60 beds for in-patients and another 40 in a separate facility for drug addicts, is run by the government in partnership with U.S.-based nonprofit group the International Medical Corps. It gets funding from the European Union.


Psychologists working there say children who have known nothing but fighting since the U.S.-led overthrow of the Taliban government more than a decade ago are especially vulnerable.


“The generation born after 2001 when the international community entered Afghanistan might be 10, 11 year olds now, and I’ve been seeing 11 year olds and 10 year olds nowadays who are presenting with so many mental health problems: nightmares, depression, anxiety, incontinence,” said Mohammad Zaman Rajabi, clinical psychology advisor at the hospital.


Men, women and children come for treatment with drugs, counseling, group therapy and cognitive behavioral therapy.


TRAUMATIZED GENERATION


“If, in a family, there are problems every day it’s obvious that the family members are not well and cannot serve each other properly,” said Taiba Alkazai, a psychologist at the hospital.


“In the same way, if there is fighting in a country then its people won’t be happy.”


The fear of suicide bomb attacks, roadside bombs, and the overall level of violence in Afghanistan – of which civilians bear the brunt, with the number killed rising in 2011 for the fifth straight year to more than 3,000, according to the United Nations – can lead to anxiety, panic and obsession.


“The physical aspects of war (last) for a limited time, but the psychological aspects of the war extend for many years. Day by day the mental health problems caused by the war are increasing,” said consultant psychiatrist Said Najib Jawed.


Just as socially damaging is the risk of a generation for whom violence has become the norm.


“One of the examples I always give is that when you talk to an Afghan boy, you can easily get into a physical fight because they just wait for it, they don’t know any other ways of dealing with a problem than fighting,” Rajabi said.


“All these things will lead to a generation of people who are not very healthy mentally, and this will affect everything in the country: education, relationships, families, generally the development of the country.”


(Editing by Robert Birsel)


Medications/Drugs News Headlines – Yahoo! News



Read More..

Retailer Comet to close 30 stores

















The insolvent electrical chain Comet is preparing to close about 30 stores by the end of November, the BBC has learned.













Comet appointed administrators earlier this month, putting 6,611 jobs at risk.


The remaining 206 or so outlets are expected to continue trading over the Christmas period, but their future remains deeply uncertain.


The first of the store closures will begin next week, the Financial Times reported earlier.


The administrators, Deloitte, has already announced 330 job losses at Comet’s headquarters and among administrative staff and there have also been reports that it is preparing to close down the retailer’s home delivery operation.


Comet’s demise was one of the biggest High Street casualties of recent years.


The electricals chain had been hit hard by the drop in consumer spending in the UK since 2008, which has been particularly acute in the case of the big items that Comet sells.


Many of Comet’s customers are first-time home-buyers, according to Deloitte, meaning that business has been hurt by the much tighter conditions in the UK mortgage market.


According to Deloitte, the company had been pushed to the brink by a cash drain caused by suppliers who had been unwilling to provide credit to Comet. Without such credit, the chain was unable to stock-up for Christmas.


Deloitte recently allowed gift vouchers bought by members of the public to be used at stores, days after suspending them, after taking time to “assess the financial position of the company”.


Rival Dixons has offered Christmas jobs to hundreds of Comet staff who face redundancy.


BBC News – Business



Read More..

France urges Mali to step up talks with rebels
















PARIS (AP) — France‘s president called Thursday for stepped-up talks between Mali’s government and any leaders from its breakaway north “who reject terrorism,” even as African nations geared up for a possible military operation against Islamic extremists there.


President Francois Hollande‘s comments suggested a growing openness to dialogue with the extremists, but he remained committed to supporting the military planning effort.













Northern Mali fell to Islamic extremists in April, after coup leaders toppled the government in Bamako, Mali‘s capital. Fearing that northern Mali could become the latest hotbed of terrorism, France has been a driving force in international efforts to bolster Mali’s army to drive the Islamists from power.


Hollande spoke with interim Mali President Dioncounda Traore by phone on Thursday, partly to detail European efforts to help strengthen Mali’s army.


In recent days, representatives from the most moderate of three al-Qaida-linked groups that control northern Mali have been meeting with Burkina Faso‘s president, appointed as a mediator.


“France reiterates its wish that political dialogue will intensify between Malian authorities and representatives of northern populations who reject terrorism,” Hollande’s office said in a statement. “The acceleration of this dialogue must accompany the progress in African military-planning efforts.”


Earlier this week, the African Union approved a plan that calls for 3,300 African troops to be deployed in order to win back Mali’s north. European countries including France and Germany have expressed a willingness to provide military trainers and logistics support, but have stopped short of committing combat troops.


France, like many European countries, fears that the arid, northern Sahel region of Mali could become a breeding ground for terrorism, where al-Qaida and its allies could plot hostage-takings and attacks in Europe or beyond.


France has millions of people whose families hail from former French colonies in north and west Africa. Authorities have long been concerned that French-born militants could travel abroad for terrorism training and return home later to possibly carry out attacks.


French authorities are already investigating two French citizens who were arrested in Mali and neighboring Niger and are suspected of seeking to join up with the al-Qaida-linked extremists, a judicial official told The Associated Press.


Ibrahim Ouattara, a 24-year-old native of the northern Paris suburb of Aubervilliers who has dual French and Malian nationality, was arrested inside Mali this month and remains in custody there, the official said.


Separately, a 27-year-old Frenchman was arrested in August in Niger and has since been handed over to authorities in France, the official said, speaking on condition of anonymity because she was not authorized to discuss terrorism cases publicly.


Europe News Headlines – Yahoo! News



Read More..

French mayor ends hunger strike after crisis aid
















PARIS (Reuters) – A French mayor who went on hunger strike a week ago to demand emergency aid for his town ended his protest on Thursday and packed up the tent he had been sleeping in outside parliament after the government met his demands.


“I regret that things came to that but it was necessary,” Stephane Gatignon, mayor of Sevran, a poor town on the outskirts of Paris, told Reuters.













Gatignon slept six nights on the pavement outside the National Assembly to press his demand for 5 million euros ($ 6.4 million) of rescue aid, saying the economic crisis was pushing Sevran and dozens of other poor towns to the brink of ruin.


France’s cash-strapped government is seeking to slash its deficit in line with broader efforts to end a debt crisis that has plagued Europe for three years.


While the government is urging local authorities to do their part, it will increase aid to many of the poorest towns next year in a budget package that the lower house of parliament approved this week.


Gatignon said the government had indicated it was willing to deploy those funds in a way that would satisfy his demands. The office of urban affairs minister Francois Lamy did not respond to requests for comment.


The Sevran mayor looked weary but relieved after six days of consuming nothing but sugary tea.


“Today it’ll be a bit of broth, then some soup and slowly back to normal eating,” Gatignon said.


(Reporting by Emile Picy and Brian Love; Editing by Sonya Hepinstall and Robin Pomeroy)


Celebrity News Headlines – Yahoo! News



Read More..